Future Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
EURO FX Sep 2023 (CME:6E.U23)
Long-Term Downtrend (-90) - 6E.U23 is in a strong downtrend that is likely to continue. While 6E.U23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6E.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.U23
The long-term trend has been DOWN since Sep 5th, 2023 at 1.07505
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 1.09700
The short-term trend has been DOWN since Sep 14th, 2023 at 1.07290
Smart Scan Analysis for 6E.U23
Based on our trend formula, 6E.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).